Call it a fact wallet - not an ID-wallet

28 Jun 2024

Why? Because too many still think that the wallets will be used only or mainly to identify citizens. When they in fact will serve life events not only for citizens - but also for organizations and things - with all sorts of verified data - building the identity - all the way to a digital twin (if so chosen). The state issued identification credent...

Innovation in Financial Services

Also the Product Passport should be a Verifiable Credential

18 Jun 2024

Proposal to the EWC consortium (the large scale EU pilot led by Sweden and Finland). As: 1. EWC is focusing on the all-important organisation wallet (general purpose and interoperable for states, municipalities, enterprises and 3rd sector organisations). 2. All credential exchange (credentials also needed for exchange of mass data in Data spaces,...

Innovation in Financial Services

From the diary of a digital war veteran

13 Jun 2024

- no one will be interested in that online bank (early 1980s > half a million customers were using it in Finland when Internet came) - one-time passwords are far too difficult to use (served well until replaced mostly by face) - the identification service does not belong to banks (it has been heard from the times of Venice). Adopted first for i

Innovation in Financial Services

Time for Credential Fest

11 Jun 2024

The planned MyData conference in Helsinki in May/June 2025 should carry the name Credential Fest. There first of all central and local governments should be given the opportunity to list all credentials they issue to already now already citizen and organisation wallets. Followed by lists of forthcoming ones and how they themselves use organisation...